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Global hospitality majors check into Bangalore

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As per the sources available with www.propertykhazana.com, now-a-days Bangalore is the city which is becoming as the centre for the international business travel in this process the global hospitality brands have checked into Bangalore rapidly. Starwood Hotels and Resorts started its Sheraton Hotel at Brigade Gateway in Malleshwaram and Switzerland based Movenpick Hotels have started its 1st 5-star Property in India in Bangalore. Several hotels and resorts are in row and it will be in 5-Star deluxe group and in next two years the city will observe an extra of 2,500 rooms across the group which is 3-Star to 5-Star luxury and at present Bangalore has 5,550 rooms in these groups. Prestige Estates Ventures had joined with JW Marriott to construct 300 rooms luxury resort hotel on Nandi Hills Road as Prestige Golfshire and still 2 more Shangri-La on Palace Road and Ritz Carlton on Residency Road are anticipated to be ready within 2 years.
Revealed sources’ to www.propertykhazana.com discloses, Manav Thadani Chairman of Hospitality Consultancy Firm HVS said that, “Pale amount of supply had come to Bangalore which had permitted for some price rationalization. But still, there are many small markets in Bangalore that maintains to do well.” Small markets of Whitefield, Outer Ring Road and Electronics City are looking out for new supplies with many IT/ITeS companies which are increasing on the margin. MDB Zephyr which is the aprt of the New Delhi Based MBD Group is also setting up 200 room luxury hotels and Hospitality Brand Alila is also doing 120 room luxury hotels in Whitefield. In Bangalore, Business Traveller’s insists 80% on the rooms, gatherings and discussions segment and for the leisure segments it insists 3 & 5% according to realty consultancy Cushman & Wakefield. Akshay Kulkarni Executive Director in Cushman & Wakefield says, “A large piece of trade is driven by the Corporate’s. Apart from Aero India there are not big events which will come to Bangalore.” In the Bangalore the regular price pointed at Rs. 8,500 in 2007 as per C&W Hospitality report 2010 and it was plunged to Rs. 6,600 in 2009 and was also hard-bitten by 10-15% because of hike in demand.
Source: NIMMA BENGALURU

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Apartments, Flats and Property for Sale in Bangalore

Sep 21, 2016
http://www.mahaveerzephyr.contact-us-now.com Mahaveer Zephyr is a residential development of Mahaveer Group. It is located off Bannerghatta Road,..
Sep 16, 2016
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Sep 14, 2016
Goyal Orchid Whitefield project is spread across 7 acres of land and it offers 1, 2, 2.5 & 3 BHK housing apartments with comfortable..
Sep 08, 2016
For Sale: Newly const. 2 bhk. Area: 1272 sft. Level: F/Floor Car Park: 1 slot. Price: 1.05 Cr. Incl. 1 Car park & deposits..
Aug 30, 2016
http://www.codenamefiverings.contact-us-now.com Codename five rings is brand new venture of developer, nicely instituted at Sarjapur in Bangalore,..
Aug 29, 2016
http://www.legacyestilo.contact-us-now.com Legacy Estilo Bangalore offers 1, 3 and 4 BHK apartments for buyers and consists of 58 units in all...
Aug 24, 2016
http://www.peninsulaheights.contact-us-now.com Peninsula Land is now in Bengaluru, with a luxurious gated residential complex “Peninsula..
Aug 22, 2016
http://www.legacycelino.contact-us-now.com Legacy Celino is located in Thanisandra, Hebbal to Airport in Bangalore. Legacy Celino is currently a..
Aug 16, 2016
Bhadra Legacy is a modern luxurious living space at a premium location of Bangalore, MG Road. The 19 super luxurious apartments offers a..
Aug 11, 2016
http://www.godrej17.contact-us-now.com Godrej 17 brings to the market a wide range of apartments for families of all sizes at an affordable price..
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Apartments, Flats and Property for Rent in Bangalore

Sep 16, 2016
Fully furnished Flat for Rent at Cookes Town ( Lloyd Road) 3 BHK with Car Parking, Lift, Power Back up, 24hrs water, Good Location with all..
Jul 25, 2016
The House available for Rent is in the First floor The locality of house is Near Koramangala and Outer Ring Road House No. 12, 19thA Cross, Near..
Jul 02, 2016
Flat for Rent at Cookes Town 2 BHK with car parking 24hrs water, Lift, Power Back up, Good Location with all Basic Fecilities. Rent0..
May 28, 2016
A spacious 3 Bedroom flat is available for Rent in Kadugodi, Bangalore. It is located on the 2 Floor. It has a covered area of 1650 Sq-ft. The..
May 24, 2016
2bhk ready to move closer too all basic needs closer to all IT CO. very good and safe..
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Flat for Rent at M.G Road (Vittal Mallya Road ) 2 BHK Ground Floor Built up - 1340 sq feet, North Facing 24hrs water, Lift, Power back up, Good..
Apr 28, 2016
New Flat for Rent at Frazer Town 2 BHk with car parking Lift, power back up,24hrs water Good Location with all Basic Fecilities, Rent..
Apr 12, 2016
3bhk Pent House For Rent in Akme Ballet Apartment For 52k Call SAIF Size: 3BHK (2300sft) Area: Outer Ring Road, Dodda Nekundi, Bangalore Land..
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Rs20000 / 2br - 1100m2 - 2 BHK house for rent (kundanhalli..
Mar 18, 2016
*SPACIOUS FLAT WITH EXCELLENT DAY LIGHT( NATURAL LIGHT) AND AIR CIRCULATION * Furnished with Sofa set, TV cabinet , Double bed , Exhaust Fans,..
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